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El Bosque Group
In this Group: Lilia , Silvia, Rosa Aurelia, Ma Isabel, Maria Areli, Maricela, Maria Catalina
“El Bosque” ["The Forest"] is a group comprising seven women who rear and sell animals. They are requesting this loan to buy more young animals so that they can rear and fatten them, and later sell them. For example, Rosa Aurelia, Maricela, Catalina bought lambs, while Isabel bought calves. Areli will invest in her grocery store, and Silvia will invest in sewing supplies and haberdashery.

Lilia, who is the group’s representative, is 43 years old and has been married to Moisés for 24 years. They have children, but at present none of them depend on their parents. Lilia has been working in embroidery for the last 4 years. She says that she started this business because she noticed when items of clothing such as skirts, trousers and blouses, etc. had been finished with embroidery.

This time she is requesting a loan to buy different types of fabrics, but also to buy thread. Lilia considers it to be a very good activity because it is a way to earn a better income to improve her family’s quality of life. Lilia said “Eventually I would like to have a bigger workshop where more people could work and in that way give work to other people, although I need several sewing machines in order to fulfil this aim and the machines are very dear”. However, Lilia and the rest of the group are very grateful to VisioFund and Kiva because they have helped them to set up their productive activities.”
View original language description ↓
“El Bosque” es un grupo integrado por siete mujeres que se dedican a la crianza y venta de animales y están solicitando su crédito para comprar más animales desde pequeños para que puedan crecerlos engordarlos para después venderlos como por ejemplo Doña Rosa Aurelia, Maricela, Catalina compraran borregos, mientras que Isabel comprara becerros, Areli invertirá en su tienda de abarrotes y Silvia invertirá en bonetería y mercería. Doña Lilia quien es la representante del grupo tiene 43 años de edad esta casada con el señor Moisés desde hace 24 años tuvieron hijos pero actualmente ninguno depende de ellos. Doña Lilia se dedica a la elaboración de costuras desde hace 4 años y platica que inició porque le llamaba la atención ver terminada algunas prendas como faldas, pantalones, blusas etc. Esta vez esta solicitando el crédito para comprar mas tela de diferentes tipos pero también comprara hilos. Doña Lilia que para ella era una muy buena actividad porque era una manera de poder obtener mas ingresos para mejorar la calidad de vida de sus familias. Doña Lilia comento “Me gustaría llegar a tener un taller de costura mas grande donde pudiéramos trabajar mas personas y así dar trabajo a otras personas, aunque me hacen falta varias maquinas para poder cumplir mi meta y las maquinas están muy caras”. Sin Embargo. Doña Lilia y el resto del grupo esta muy agradecidas con VisioFund y Kiva porque han ayudado a levantar sus actividades productivas.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mexico

  • $11,249
    Average annual income
  • 1
    View loans »
    Mexico Loans Fundraising
  • $17,775,800
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Bosque Group's $4,125 loan helped a member to buy fabric, thread, yarn, etc.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Dec 3, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013